Read the Exploring Business – Chapter 13.1.

Watch video on the history of currency.

Read Exploring Business – Chapter 13.2.

Watch types of financial institutions video.

Complete the Financial Institutions worksheet.

Learning Targets:

• I can briefly explain the history of currency dating back to the cowrie shell.
• I can differentiate between M-1 and M-2.
• I can distinguish among different types of financial institutions.
• I can list the services that financial institutions provide and explain their role in expanding the money supply.